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HomeMy WebLinkAboutsummary formDate: 4/8/2005 AGENDA ITEM SUMMARY FORM FILE ID: 05 ' b 0 3 tAck PH.4 Requesting Department: Community Development Commission Meeting Date: 4/28/2005 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Convey five (5) parcels of Land to Palmetto Homes of Miam, Inc. Purpose of Item: CONVEY, FIVE (5) CITY OF MIAMI-OWNED PARCELS OF LAND, TO PALMETTO HOMES OF MIAMI, INC. FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS; Background Information: There is a pressing need for decent, affordable housing in the City of Miami; The City recognizes the need to develop affordable housing for low and moderate income families and individuals; Palmetto Homes of Miami, Inc. has a proven track record working with the City of Miami in housing development; a Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN ANQ DATE) CIP Budget If using or receiving capital funds �_� Grants Risk Manageme PurchasingDept. Directo :��_�15 Chief City Manag 11141kirr Pagel of 1